Norm Ai

Boom: Meet the 2024 Fintech 100, the most promising private fintech companies across the globe. This year’s winners are working on everything from deploying novel AI solutions across the landscape to expanding access to financial services. They span over twenty countries, have raised $7.2B in equity funding, and fifty percent of winners are early-stage fintechs. See the full list, and dive deep into the data on the 2024 cohort: https://cbi.team/3Un9kQJ

Lots of chatter on AI's impact in cybersecurity. Security teams of the future will undoubtedly work alongside AI, but what use cases should CISOs and security leaders prioritize? Myke Lyons, CISO at Cribl, and our Tola security advisors have been discussing the role AI can play in automating current security workflows. We dove into four key areas with specificity: SOC automation, GRC, AppSec, and Vulnerability Management and highlighted recent startups and opportunities for newer entrants to consider. Give it a read and if you're building in these space, please reach out! --- https://lnkd.in/dYGSTn7W Tola Capital is excited to have already backed several ambitious founders in the security space in the past 2 years: monzy merza David Dorsey Bradford Lovering Deepak Taneja Sravish Sridhar Saurabh Shintre Akash Mukherjee Sanket nAIk Rohit Jalisatgi. Hoping to back more!

John Nay, Founder and CEO at Norm Ai is speaking at the MIT AI Conference in #NYC on Oct 26th! Secure your spot now: https://lnkd.in/g33PG8SV John has more than a decade of research experience at the intersection of AI and #law, most recently at #Stanford, where he is pioneering A Legal Informatics Approach to #AIAlignment as a Fellow at #CodeX. John was also the founding #CEO of Brooklyn Investment Group, an AI-powered investment software platform with an SEC Registered Investment Adviser subsidiary, where he now serves as Chairman. As a Ph.D. student at Vanderbilt University, he conducted #AIResearch funded by the U.S. National Science Foundation (NSF) and the U.S. Office of Naval Research. After Vanderbilt, he was a Postdoctoral Research Fellow at #NYU and an Affiliate at #Harvard. As an Adjunct Professor, he created the first AI course at the NYU School of Law. John has authored dozens of research articles on AI and #AIPolicy, many of which have been published in leading technical journals and law reviews. His article “Artificial Intelligence and Interspecific Law” was recently published in Science. https://lnkd.in/gG7JRre5 Come chat with him in NYC #IRL: https://lnkd.in/g33PG8SV MIT Alumni Startups (MITAS) Shuja Keen, Christian Ulstrup, Dima Ayyash Stacy Yu, Rebeca Eun Young Hwang  Nhat Nguyen, CFA, Anvisha Pai, Sid Salvi, Mainak G., Laura Hoang, Anant Vashistha, Alejandro Zarate, Duanchen Liu, Raj S.

The introduction of Artificial Intelligence into our highly regulated space has understandably caused anxiety (and additional workloads) for our industry’s compliance specialists. However, one of the most practical AI applications I discovered at this year’s #FutureProof conference was specifically designed for Chief Compliance Officers. Tucked away in an unobtrusive corner of the show’s “boardwalk” was Norm Ai (https://www.norm.ai/) an AI-driven compliance and marketing solution that automates content regulatory checks and evidence substantiation—some of the most time-consuming and inefficient tasks at an RIA or a custodian. It was one of the few AI technologies at #FutureProof that genuinely excited me. Norm Ai built its regulatory engine by partnering with legal and compliance experts well-versed in SEC and FINRA rules and regulations. Essentially, their engine has consumed our regulatory environment line-by-line, processed and analyzed all of it, and can re-apply this expertise as a knowledgeable compliance agent. This legal expertise ensures that Norm Ai doesn’t just flag generic issues; it tailors its analysis to the specific financial regulations that affect RIAs. The platform automatically cross-checks marketing materials, communications, and even portfolio activities against current compliance standards, generating substantiated reports for regulatory reviews. It draws from a legal knowledge base that is continuously updated to reflect the latest regulatory changes, minimizing risks for advisors and firms by staying ahead of evolving regulations. How does it work? You provide Norm Ai’s chat agent with your proposed marketing documents or social media posts, and it returns a comprehensive compliance report that details flagged issues, relevant regulations, and suggested language changes to help you meet compliance standards. I was told it even assists with evidence substantiation, although I didn’t have enough time to explore the depth of its integration with third party data providers, including common RIA systems that many of us use or are familiar with. While generative AI was a common theme at this year’s #FutureProof conference, what really impressed me was Norm Ai’s application of the same tech to ease the burden of highly complex, distributed, and often manual compliance tasks. This is one piece of cutting-edge technology your CCO may want to embrace. (This is day two of my weeklong review of practical products and services I came across at last week’s #FutureProof conference…more tomorrow!)